General.
On January 28, 1999, GE Capital Mortgage Services, Inc. ("GECMSI") offered to
investors certain classes of its REMIC Multi-Class Pass-Through Certificates,
Series 1999-1 (the "Certificates") evidencing beneficial ownership interests in
a trust fund (the "Trust Fund"). The assets of the Trust Fund consist primarily
of a pool ("Pool 1999-1") of conventional, one- to four-family residential loans
(the "Mortgage Loans"). Capitalized terms used herein and not otherwise defined
shall have the meanings assigned to them in the Prospectus dated October 22,
1998 as supplemented by the Prospectus Supplement dated January 21, 1999.

The original principal balance of each Class of the Certificates is as follows:

The initial Junior Percentage and initial Senior Percentage for Pool 1999-1 are
approximately 4.00% and 96.00%, respectively. The "Bankruptcy Loss Amount," the
"Fraud Loss Amount" and the "Special Hazard Loss Amount" for Pool 1999-1 as of
the initial issuance of the Certificates are $234,320.00, $7,048,394.00 and
$7,048,394.00, respectively, representing approximately .0300%, 1.0000%, and
1.0000%, respectively, of the aggregate Scheduled Principal Balances of the
Mortgage Loans as of January 1, 1999 (the "Cut-off Date").

Description of the Mortgage Pool and the Mortgaged Properties

Pool 1999-1

Pool 1999-1 consists primarily of fixed-rate, fully-amortizing conventional
Mortgage Loans evidenced by Mortgage Notes which have original maturities of 20
to 30 years and an aggregate outstanding Scheduled Principal Balance as of the
Cut-off Date, after deducting payments of principal due on or before such date
and prepayments of principal received before such date, of $704,839,385.99.

The interest rates (the "Mortgage Rates") borne by the 2,128 Mortgage Loans
conveyed by GECMSI to Pool 1999-1 range from 6.0000% to 9.7500% and the weighted
average Mortgage Rate as of the Cut-off Date is 7.1978% per annum (all weighted
averages in this filing are weighted by aggregate outstanding Scheduled
Principal Balance as of the Cut-off Date). At origination, the principal
balances of the Mortgage Loans in Pool 1999-1 ranged from $40,000.00 to
$1,455,000.00, and, as of the Cut-off Date, the average outstanding Scheduled
Principal Balance of the Mortgage Loans in Pool 1999-1 is $331,221.52, after
application of principal payments due on or before the Cut-off Date and
prepayments of principal received before such date. The earliest origination
date of any Mortgage Loan in Pool 1999-1 is March 1991, and the latest scheduled
maturity date of any such Mortgage Loan is January 2029. The weighted average
loan-to-value ratio of the Mortgage Loans as of the Cut-off Date in Pool 1999-1
is 74.1576%.

The Mortgage Loans in Pool 1999-1 have the following characteristics as of the
Cut-off Date.

a) The following table sets forth information, as of the Cut-off Date, with
respect to the Mortgage Rates borne by the Mortgage Loans in Pool 1999-1:

f) The following table sets forth information, as of the Cut-off Date, with
respect to the occupancy status of the Mortgaged Properties securing the
Mortgage Loans as represented by the mortgagors at origination in Pool
1999-1: